401 N. River St., Hot Springs, SD 57747

Step into the magnificent Water, Light & Power Building, which stands as the largest and most exceptional historic sandstone building up for sale in Hot Springs. With its prime location on N River Street, this building promises to attract a steady flow of retail traffic, making it an ideal investment opportunity. The property boasts an incredible 10,395 square feet, which includes a 1,358 square feet retail space that currently operates as a salon and spa, a stunning 2-bedroom loft apartment above the salon, and two enormous garages on either side. The north-side garage spans 3,186 square feet and features a 26x20 loading dock, while the south-side garage encompasses 3,780 square feet and includes a basement of approximately 713 square feet that's ideal for storage. The building underwent a complete overhaul in 2021, with new electrical and plumbing systems, flooring, paint, fixtures, and even LED high-efficiency lights. It's rare to find a historic building that's been so extensively updated! Construction is set to begin in April/May 2023 to install a new roof on the north-side garage and make full repairs to the rest of the building's roofs, along with the addition of a brand-new awning. The parking lot has plenty of spaces, and the location offers a fantastic view, making it an attractive investment opportunity with endless possibilities. Additionally, one of the owners is a licensed broker associate and the listing agent. Resa Rutz C21 Stevens & Assoc 605-891-1298 Hot Springs is a welcoming community offering many opportunities for the young and the young at heart! We are surrounded by the beautiful Black Hills and boast a challenging 18-hole golf course noted as "Best of the Black Hills 2019" by the Rapid City Journal. Visit their website at www.hotspringssdgolf.com. Other outdoor adventures include biking, hiking and walking along the Freedom trail. An indoor swimming pool at Evans Plunge (www.evansplunge.com) and a relaxing spa and soaking pools are available at Moccasin Springs (www. MoccasinSprings.com). A bowling alley and miniature golf course are also part of the many fun opportunities in Hot Springs . We have several city parks for even more outdoor entertainment and many community clubs and organizations. Angostura Recreation Area is just miles away with plenty of room for boating, fishing, swimming and camping! Come picture yourself living in Hot Springs and enjoying all the nearby attractions and amenities!